Scout24 (ETR:G24) PT Set at €51.70 by Barclays

Scout24 (ETR:G24) has been assigned a €51.70 ($60.12) price target by investment analysts at Barclays in a research note issued on Thursday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Barclays‘s target price indicates a potential downside of 0.67% from the company’s previous close.

Several other equities research analysts also recently weighed in on the company. HSBC set a €62.00 ($72.09) price target on Scout24 and gave the stock a “buy” rating in a report on Monday, October 21st. Royal Bank of Canada set a €50.00 ($58.14) price target on Scout24 and gave the stock a “neutral” rating in a report on Thursday. JPMorgan Chase & Co. set a €58.00 ($67.44) price target on Scout24 and gave the stock a “buy” rating in a report on Thursday. Goldman Sachs Group set a €60.60 ($70.47) price target on Scout24 and gave the stock a “buy” rating in a report on Thursday. Finally, UBS Group set a €62.00 ($72.09) price target on Scout24 and gave the stock a “buy” rating in a report on Thursday. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of €52.78 ($61.37).

G24 stock traded down €1.20 ($1.40) during midday trading on Thursday, reaching €52.05 ($60.52). 508,350 shares of the company traded hands, compared to its average volume of 223,980. Scout24 has a 52-week low of €34.18 ($39.74) and a 52-week high of €55.90 ($65.00). The company has a debt-to-equity ratio of 61.70, a quick ratio of 1.16 and a current ratio of 1.28. The business has a 50 day moving average of €53.10 and a 200-day moving average of €49.42. The firm has a market capitalization of $5.73 billion and a price-to-earnings ratio of 37.45.

About Scout24

Scout24 AG operates digital marketplaces specializing in the real estate and automotive sectors in Germany and other European countries. The company operates through ImmobilienScout24, AutoScout24, and Scout24 Consumer Services segments. The ImmobilienScout24 segment operates real estate classifieds portal for commercial and private customers for the sale and rental of real estate properties, as well as offers support services, such as customer acquisition and care for business real estate professionals.

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Analyst Recommendations for Scout24 (ETR:G24)

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